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FloQast, Fieldguide launch agentic AI solutions

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Agentic AI continues its advance this year with simultaneous announcements by FloQast and Fieldguide of new solutions resting on this technology. 

While the precise definition can vary depending on who is asked, very broadly agentic AI could be described as software that is capable of at least some degree of autonomy to make decisions and interact with tools outside itself in order to achieve some sort of goal—whether booking a flight, sending a bill or buying a gift—without constant human guidance. Agents are not necessarily new, but the rise of generative AI has made them much easier to make and use, as doing so no longer requires specialized coding skills. However, while they may use generative AI, they should generally not be confused with generative AI bots unto themselves.

FloQast’s new AI Agents solution as well as Fieldguide’s Field Agents solution both tout the potential for these new bots to improve efficiency and productivity at accounting firms that are facing increasing staffing pressure amid a major talent shortage. 

AI agent

FloQuast AI Agents

Accounting solutions provider FloQast announced the launch of a new agentic AI solution compliant with the new ISO standards pertaining to the technology. FloQast AI Agents enables the automation of complex recurring workflows across close management, compliance, and reporting functions using natural language versus extensive code.

The solution so far includes three AI agents: 

  • A Journal Entry Agent which automates the creation of journal entries, such as Coupa Accruals, which  automates the complex process of creating and posting accrual entries from Coupa data; 
  • A Data Transformation Agent which standardizes unstructured data using natural language, not  extensive code, allowing accounting teams to automate the preparation of work related to key  tasks, reconciliations, compliance, or reporting activities; and a 
  • Custom Agent, which enables customers to create their own Agents to automate workflows of their choice. 

“The accounting profession is under more pressure than ever, with shrinking talent pools, heavier  workloads, and growing demands for strategic insights,” said Mike Whitmire, CEO of FloQast.  “FloQast AI Agents put accountants in the driver’s seat, shifting them from preparers to reviewers with  AI automation built for their processes—fully auditable and designed for trust. And, as CFOs struggle to  fill open roles on their teams, FloQast AI agents are poised to be an invaluable resource to help plug that  gap and help teams work smarter, stay in control, and deliver the insights that move businesses  forward.” 
FloQast said its custom AI agent capabilities will soon expand, allowing users to create their own agents for key categories such as Journal Entry, Tasks, Reconciliations, Financial Insights, and Compliance. These agents are joined by the FloQast Transform platform, a product within the company’s larger Accounting Transformation Platform; the FloQast Transform platform serves as a centralized hub where customers can easily  create, test, deploy, and manage FloQast AI Agents. With FloQast Transform, accounting teams can create  bespoke automation for their specific needs without waiting for vendor-built solutions or an extensive demand from IT. 

FloQast noted that it has obtained ISO 42001 certification, released towards the end of last year, which specifies requirements for establishing, implementing, maintaining, and continually improving AI management systems within an organization. 

Fieldguide releases agents

Advisory and audit solutions provider Fieldguide announced the release of its agentic AI solution, FieldAgents, which is touted as being able to autonomously execute entire engagement workflows. 

The product is conceived of as an evolution of this Field Assist solution, which leverages generative AI and LLMs to automating individual tasks, such as writing test procedures, quickly finding insights from complex documents, and documenting test results. 

Field Agents link individual automated tasks into complete, end-to-end workflows that an agent executes with professional input and oversight. For example, an agent can leverage a firm’s methodology and procedures to request the right documents, run the appropriate test procedures, document evidence, and flag important issues for review.

These semi-autonomous bots are intended to function as an extension of the engagement team, automating time-intensive, multi-step processes and empowering professionals to refocus on higher-impact work while unlocking new capacity. Fieldguide says that it is meant to be seamlessly integrated into a firm’s methodology, allowing for process automations particular to the user’s needs. 

“The future of audit and advisory is promising with the benefits that AI already brings today. We envision the winning firms of tomorrow being those who integrate AI to elevate their practitioners,” said Jin Chang, CEO and co-founder of Fieldguide. “Field Agents brings professional-grade AI agents to the industry, fundamentally transforming how audit and advisory firms grow and operate through the next decade. By orchestrating complex, multi-step processes, Field Agents free professionals to focus on what matters: Applying their expertise and strengthening client relationships.”

The solution, which had been named one of Accounting Today’s Top New Products of 2025, had previously been in limited release. Today’s announcement marks the solution’s general availability. 

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Accounting

On the move: HCVT hired CAS co-leader

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Grant Thornton names new CFO; CTCPA installs board of directors; and more news from across the profession.

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Accounting

Tech news: Karbon Practice Management evolves into Practice Intelligence

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Automation platform Quadient announced the acquisition of Serensia, a French electronic invoicing platform provider accredited by the French government as a Partner Dematerialization Platform (PDP). With ownership of a Peppol access point—a secure gateway for document exchange—Quadient can now offer a compliant, end-to-end e-invoicing solution to the millions of companies across Europe that will be required to transition to electronic invoicing under upcoming regulatory mandates. … Accounting solutions provider Sage announced a partnership with CPA.com which licenses select AICPA resources to train Sage Copilot, its generative AI assistant designed to support accountants and finance teams with authoritative, context-aware guidance. The announcement was made at Sage Future, the company’s flagship global customer event, held this week in Atlanta. … Small business accounting platform Xero announced that users who have an account with payments company Stripe can now use Tap To Pay on iPhone, enabling Xero customers in the US with a Stripe account to seamlessly and securely accept in-person contactless payments with their iPhone and the Xero Accounting app — no additional hardware or payment terminal needed. Tap to Pay on iPhone enables businesses to accept all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets. … Trust and security compliance automation solutions provider Scytale announced the acquisition of AudITech, a provider of Sarbanes Oxley (SOX) IT General Controls (ITGC) automation solutions, which integrates with a company’s IT General Control system and audits all controls and populations daily. This acquisition will enable Scytale to offer security, privacy, and AI compliance automation for standards like SOC 2, ISO 27001, and now SOX ITGC in one platform. … Business aviation solutions provider MySky is acquiring the State Tax Guide from Jet Support Services Inc (JSSI), significantly expanding the capabilities of its MySky Tax solution. This acquisition offers users comprehensive, accurate, and up-to-date U.S. state aviation tax information, which will soon be seamlessly embedded within the platform. … Accounting firm-focused payments solutions provider CPACharge announced a new partnership with SafeSend, part of Thomson Reuters. This new partnership will make it easier for tax and accounting firms to get paid as clients receive their tax returns, as well as allows firms to embed CPACharge directly into the workflow for SafeSend One, SafeSend’s flagship product.

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Trump said to be open to lowering SALT cap in GOP tax bill

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President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in the House-passed version of his giant tax bill, a person familiar with the matter said. 

Trump signaled his position in a meeting with Senate Finance Committee Republicans on Wednesday, and the comments added momentum to Senate GOP efforts to enact a lower SALT cap. 

That push has led to resistance from the House, with Speaker Mike Johnson telling Bloomberg TV Thursday he is fighting to keep the $40,000 cap as it is. 

After the White House meeting Wednesday, Senate Finance Committee Chair Mike Crapo lamented about the cost of the House bill’s SALT cap. 

“There’s not a single Republican senator from New York, New Jersey or California, so there’s not a strong sentiment in the Republican conference to do $350 billion for states that the other states subsidize,” Crapo told reporters.   

Crapo’s top priority for the Senate tax bill is extending a bevy of temporary business tax breaks in the House bill that would expire after 2029, including enhanced interest expensing and deductions on research, development and equipment. Crapo is looking to trim other aspects of the House bill in order to offset the added cost of making those breaks permanent. 

He said that a decision had not yet been made on whether to lower the SALT cap or to what level. Under current law, individuals and couples can deduct $10,000 in state and local taxes if they itemize on their tax returns. 

Johnson said that the higher cap is crucial for the House to be able to pass the final version of the tax bill when it is sent back from the Senate later in the summer. He said he has made that clear to the Senate GOP.

“I told my friends I am crossing the Grand Canyon on a piece of dental floss,” he said.

The Washington Post first reported Trump’s openness to a smaller cap. 

“The White House is working closely with leaders in Congress to ensure that this landmark legislation gets over the finish line,” said spokesperson Kush Desai.

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